Citigroup Balance Sheet Management Sr. Analyst (AVP) in New York, New York
The Balance Sheet Management (“BSM”) unit is a division within Treasury, and is part of Citigroup’s broader Finance organization. Balance Sheet Management’s specific responsibilities cover five key areas:
Asset and Liability Management (ALM):
FTP Governance & Execution: establishes and oversees the policies under which business assets and liabilities are priced based on interest rates and liquidity values; executes various firm-wide transfer pricing processes; and ensures retained costs and balance sheet in Treasury are minimal through an effective allocation process
Interest Rate Risk Management : evaluates, analyses, and reports Interest Rate Risk in the accrual businesses for Citigroup
Balance Sheet Analytics & Management : conducts analytics related to the firm’s balance sheet, NIR/NIM and associated financial metrics to drive financial resource allocations, and leading on internal and external communication of the strategy and performance of the balance sheet
Capital Management & Portfolio Analytics: Proposes Capital Policy design to Capital Committee including capital targets and buffers, and manages capital distribution strategy; designs the methodologies for allocating capital limits and attributing capital usage to businesses; and leads the design and delivery of portfolio management reporting and analytical capabilities to support Treasury’s securities portfolios.
Balance Sheet Costing (Infrastructure): Leads the design, development, and implementation of the firm’s Funds Transfer Pricing system.
Balance Sheet Costing (Methodology): Leads cross functional working groups to design and evolve Balance Sheet costing frameworks and methodologies, which flow into the attribution of resource costs / benefits across users/providers of balance sheet resources.
Asset Allocation: Designs and manages Treasury’s allocation process on security portfolio strategy for Citi’s $400bn+ global liquidity portfolios. The team also performs the review and challenge of the Stress Testing results for securities portfolios, and oversees model governance for models related to valuation and forecasting of AFS/HTM asset classes.
The Balance Sheet Mgmt Sr. Analyst is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.
Contributes to the liquidity, balance sheet and interest rate risk management of consolidated Citigroup, CBNA and non-bank entities.
May focus on securities investment strategies or, separately, the measurement of business returns and capital allocation.
Gains exposure to and learn about Citi’s balance sheet, liquidity management, interest rate risk and investment activities as well as business products.
Contributes to enhancing processes to manage these exposures in a well governed environment and includes the following:
Advises on procedures to enhance reporting and decision making in a given subject area and integrating with other team members to accomplish these plans
Improves process efficiencies in assistance of businesses and broader Finance to effectuate increased transparency and more efficient financial resource allocation
Performs other duties and functions as assigned.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Bachelor's degree in Finance, Accounting or other related fields
2-6 years relevant experience
Advanced quantitative and presentation skills, with attention to detail and advanced knowledge of Microsoft Excel, Power Point and Access, and ability to work with large volumes of data leveraging spreadsheets and models
Exercises effective project management, relationship building and communication skills
Take ownership and execute on deliverables
Team player with an ability to work well with others in a fast-paced, high energy environment
- Bachelors degree
Job Family Group:
Balance Sheet Management
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